Looking pretty silly and cocky now.
Where can I find info on RSH's international sales?
nonsense
A value stock is a stock that has a temporarily beaten down share price, because the company has stumbled. Thus, the Market has mispriced the stock. With such a stock, there should be a future turn around and the stock should become fairly valued. I don't see this in the cards for Radio Shack.
With value stocks, price follows value; however, there is no value -- free cash flow growth or owner earnings growth -- to drive the future share price up. Both of these metrics for Radio Shack are quite lumpy, so I don't really see any real increase in value -- Market fear and greed aside.
With an average share price of under $19, I'm confident of a great return on this investment. If it drops below $18, I add. Takeover fever is in the air as companies are sitting on large cash hordes. RSH has a real chance of being bought or being taken private in the $30 range.
Concensus estimates are ALWAYS too high.
Do you have any analysis to back this view or do you have some numbers to back it up?
This goes to $30 in 2011
How did you arrive at $30 a share? Please share your analysis.
Nah...I see no more than 24 and most probably 22. RSH doesn't have the knowledge nor the inventory anymore that it once had to be a player. And since it's pretty well been proven that they put all their eggs in 1 basket and that basket hasn't held (cell phones), they're getting killed everywhere else. Until upper management gets it through their pea-headed brains that every store, and I'm even talking convienence stores here, carries some sort of cell phone, and that the more slices you cut of the pie, the smaller the slice for EVERYONE, they're NEVER going to be any more than they are right now - lower on the rung every time you turn around.
Personally, IMHO, the BOD needs to take a STRONG look at what Day and others are NOT doing and get someone who CAN do the job.
"This goes to $30 in 2011"
why do u think this?
New purchase today @ $18.50. Go to www.clearstation.com & read there opinion.
Also like the chart. Will add!